I think the federal standard should be abolished, and left to the states to decide their minimum wage. If people in those states suffer for that, they should tell their state representatives
If a large company can't afford a couple dollar h/ increase to support higher minimum wages, they're running on a broken business model.
they probably could afford it, but businesses run to make maximum profit within reason and have more incentive to cutback on other costs concerning labor, or just figure out ways to limit the need for humans to work the jobs
a small increase (and subsequent planned small increases, just to see if raising it actually is a problem) wouldn't hurt much though, but hiking it up a couple dollars just like that would be a bit drastic
Minimum wage has a very small effect on food prices.
http://ageconsearch.umn.edu/bitstream/34561/1/03010111.pdf
not an expert here but it did say 50 cents, which is small. I don't think any business would risk raising prices over something like that
I didn't read the whole thing, but does it mention the quality of job for the employees and their actual payout?
